Morgan Stanley Maintains Overweight on US Foods Hldg, Raises Price Target to $62
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Brian Harbour has maintained an Overweight rating on US Foods Holding Corp. (USFD) and increased the price target from $60 to $62.
April 12, 2024 | 5:09 pm
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Morgan Stanley has reaffirmed its Overweight rating on US Foods Holding Corp. and raised its price target from $60 to $62.
The upgrade in the price target by a reputable analyst like Morgan Stanley typically signals a positive outlook on the stock, suggesting potential upside. This can lead to increased investor confidence and potentially drive the stock price higher in the short term.
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